ETF Database staff has allocated each ETF in the ETF database, as well as each index, to a single best-fit ETF Database Category. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. Develop and improve features of our offerings. The license fee for such use is paid by the sponsoring financial institution based mainly on the total assets of the investable product. As such, fiscal 2022 sales reached $22.1 billion, ahead of our $21.9 billion preprint estimate, as revenue growth in each of Genuine's segments outpaced our estimates by 100 basis points. This strategy takes a concentrated, best-ideas approach when investing in select common stocks of dividend-paying Moreover, in a tough market for stocks overall, dividend stocks held their own in 2022: The Morningstar Dividend Yield Focus Index (which is a collection of quality stocks with stable. That value bias was a huge. When researching dividend stock mutual funds and ETFs, be sure to understand which approach the fund takes. This site is protected by reCAPTCHA and the Google Though the unconventional business could potentially justify an economic moat on a stand-alone basis, Meats says his forecasts for midcycle returns on invested capital aren't currently high enough to justify a narrow moat rating for the company. These mutual funds and ETFs invest in dividend stocks and earn high ratings from Morningstar in 2023. Dividend stocks are the Tom Hanks of investing: Everyone seems to like them. Discover, learn and make the best investment decisions. Here's how our approach to investing can inform your stock-picking process. The Morningstar Dividend Yield Focus IndexSM is designed to track high-yielding, qualified dividend-paying, U.S.-based securities screened for companies with superior quality and financial health. Be among the first to receive the latest Morningstar Indexes analysis and perspectives. Past performance does not guarantee future results. Williams Continues to Excel in Fourth Quarter; Delivers Strong 2023 Outlookby Stephen Ellis | Morningstar Research Services LLC | 2-21-23. Find out about Morningstars Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. also holds the Chartered Financial Analyst designation. As a result, investors who own large-cap funds may already hold a sizable position in dividend stocks. Any opinions, recommendations, or information contained herein: (i) is for educational purposes only; (ii) is not guaranteed to be accurate, complete, or timely; (iii) has not been tailored to suit any particular persons portfolio or holdings; and (iv) should not be construed as investment advice of any kind. The current portfolio value is calculated to be $-, only including common equities, preferred equities, ETFs, options and warrants for equities. are in a stronger competitive position than their peers and that are trading at a reasonable price. Automotive and industrial delivered 30 and 150 basis points, respectively, of profit margin improvement in the quarter. Discover how under or overvalued stocks in our coverage universe are with the market fair value chart. Before making any investment decisions, consult with your financial advisor and obtain and carefully read all relevant issue documents (e.g., prospectus) pertaining to the security concerned. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. Indexes noted within the report are unmanaged, their returns do not include payment of any sales charges or fees an investor would pay to purchase securities, and cannot be invested in directly. The Portfolio seeks to track the Morningstar U.S. Sustainability Dividend Yield Focus Index which targets high-yielding, qualified dividend-paying companies that score highly on environmental, social, and governance (ESG) investment criteria. Edison could unlock an additional $0.44 per share of earnings by 2025 if regulators allow it to recover a portion of the $9 billion of liabilities related to 2017-18 wildfires and other disasters. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Significant dispersion exists between companies carrying significant environmental, social, and governance-related risk, and those for whom ESG issues will likely have little financial impact. Distance to default uses option-pricing theory to measure whether a firm is falling into financial distress. Legal Disclaimer: By accessing the data posted to this website (Data), you are indicating that you have read, and consent to be bound by, these terms. David Harrell is the editor ofMorningstar DividendInvestor, a monthly newsletter that highlights Ratings, analysis, and other analyst thoughts are provided for informational purposes only; references to securities should not be considered an offer or solicitation to buy or sell the securities. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. Investing in the wide moat stocks of today and tomorrow. The index is dividend dollar-weighted (constituents are weighted according to the total dividends paid by the company to investors). Of course, there are risks associated with equity-income investing. %PDF-1.7 Morningstar Dividend Focus Target Volatility 5 Index. Terms of Service apply. Strong demand, coupled with pricing initiatives to combat a mid-single-digit rate of inflation, drove 8% and 17% fourth-quarter comparable sales growth in Genuine's auto parts and industrial parts segments, respectively. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. software. Historical return data for other ETFs in the Large Cap Value Equities ETF Database Category is presented in the following table. 6) Franklin U.S. Low Volatility High Dividend ETF LVHD, 10) T. Rowe Price Dividend Growth ETF TDVG, 11) Vanguard Dividend Appreciation ETF VIG, 12) Vanguard Dividend Appreciation Index VDADX, 15) Vanguard High Dividend Yield Index VHYAX, 16) WidsomTree US Large Cap Dividend ETF DLN, 17) WisdomTree US Midcap Dividend ETF DON, 18) WisdomTree US Small Cap Dividend ETF DES. Here's How to Get Started. The benchmark index weights its constituents in proportion to the value of their dividend payments. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 13 0 R] /MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Phone: 1-800-957-6021 | Mon-Fri 8:30AM-5:00PM, Inquiries regarding technical issues such as logging in or downloading, Inquiries regarding your subscription renewal, billing or to learn about other Morningstar investment publications and resources, Phone: 1-866-608-9570 | Monday-Friday 8AM-5PM CST, declared a $0.95 per share quarterly dividend, A Raise for Coke -- The Week in Dividends 2023-02-17, Results for Enbridge, Altria, Omnicom, and More -- The Week in Dividends 2023-02-10, An Update on Hanesbrands -- The Week in Dividends 2023-02-03, Raises from Air Products, Comcast, and BlackRock -- The Week in Dividends 2023-01-27, A Fair Value Increase for BlackRock -- The Week in Dividends 2023-01-20, A Raise for Plains -- The Week in Dividends 2023-01-13, A Raise for Enterprise -- The Week in Dividends 2023-01-06. In any given year, the markets highest fliers are typically fast growing companies; theyre often unprofitable, let alone at the stage of their corporate life cycle where theyre returning cash to shareholders. We keep up with the evolving needs of investors in a way that only Morningstar can: by leveraging our heritage as a trusted provider of data and research. He holds a Bachelor's degree in finance form DePaul University, and he Karen Wallace does not own (actual or beneficial) shares in any of the securities mentioned above. Want to find a complete list of dividend stock ETFs or mutual funds available today, not just those with our highest Analyst Ratings? For sustainable investors with equity income objectives, the Morningstar Sustainability Dividend Yield Focus Indexes highlight attractive dividend yields while mitigating ESG risk. Similar to its U.K. peers, Lloyds lowered expectations on further sizable net interest income gains in 2023. Provide specific products and services to you, such as portfolio management or data aggregation. activities pertaining to a Morningstar, Inc. account invested in accordance with a strategy that The undervalued stocks of high-quality companies are compelling investments today. We still think Edison offers a favorable total return option for investors given its 4.5% dividend yield and our 7% annual earnings growth estimate. He holds a bachelor's degree in biology from Skidmore College Terms of Service apply. Disclosure: Morningstar, Inc. licenses indexes to financial institutions as the tracking indexes for investable products, such as exchange-traded funds, sponsored by the financial institution. There is no assurance that the data will remain the same.Disclosure: The commentary, analysis, references to, and performance information contained within Morningstar DividendInvestor, except where explicitly noted, reflects that of portfolios owned by Morningstar, Inc. that are invested in accordance with the Dividend Select strategy managed by Morningstar Investment Management LLC, a registered investment adviser and subsidiary of Morningstar, Inc. References to "Morningstar" refer to Morningstar, Inc. and/or, where applicable, its affiliates.Opinions expressed are as of the current date and are subject to change without notice. The remaining earnings primarily come from narrow-moat regulated gas and electric utilities in states with long histories of constructive regulatory frameworks, solid sales growth, and high-return investment opportunities. We selected the following dividend ETFs based on positive share price gains year-to-date as of December 9. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. The Morningstar Dividend Yield Focus Index, which is a collection of quality stocks with durable dividends, is up just over 4% this year, while the Morningstar US Market Index, which represents the broader market, is down more than 20%. During the last five years as of March 2009, when the average assets under management grew at 35% CAGR, the industry profitability (profit before tax as a % of AUM) declined from 24 basis points in FY 2004, to 14 basis points in FY 2008, owing to rise in operating expenses. Gear advertisements and other marketing efforts towards your interests. With the firm on track to meet our full-year expectations, we're leaving our fair value estimate unchanged. Quality insights for current income and income growth from stocks. Analyst ratings are based on Morningstars analysts current expectations about future events and therefore involve unknown risks and uncertainties that may cause such expectations not to occur or to differ significantly from what was expected. Dividend-paying companies are often larger firms whose stocks are popular holdings among large-cap mutual funds and ETFs. 2023 Morningstar, Inc. All rights reserved. And Edison International EIX and Spirit Realty Capital SRC both declared dividends this week that were unchanged from their previous payouts.Please see new analyst notes and updates below from Morningstar Research Services for Edison International, Genuine Parts, Lloyds Banking Group LYG, Medtronic MDT, and Williams Companies WMB. Technical information for other ETFs in the Large Cap Value Equities ETF Database Category is presented in the following table. Sign Up Our Dividend Yield Focus strategy looks at both backward-looking and qualitative forward-looking measures to find high-yielding stocks that are financially healthy enough to sustain their. takes a concentrated, best-ideas approach when investing in select common stocks of dividend-paying These products and services are usually sold through license agreements or subscriptions. How we use your information depends on the product and service that you use and your relationship with us. Indexes to measure the performance and behavior of global bond and leveraged loan markets. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. We are reaffirming our $73 fair value estimate for Edison International after management reported $4.63 per share of core earnings in 2022, in line with our estimate and management's guidance range. These products and services are usually sold through license agreements or subscriptions. Performance There is no growth data available. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. It's gauging whether the value of a company's assets will fall below the sum of its liabilities. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. Im Tief verlor der SPDR S&P Global Dividend Aristocrats ETF bis auf 29,08 EUR. Phone: 1-312-424-4288 | Mon-Fri 8AM-6PM The index is a subset of the Morningstar US Market Index, a broad market index representing 97% of U.S. That trails the S&P 500 High. Currently paying a dividend of $0.55 per share, Prosperity Bancshares (PB) has a dividend yield of 3%. Develop and improve features of our offerings. equity portfolio manager with Perritt Capital, and as a portfolio manager with Perritt Capital Management. Many retirees rely (at least in part) on the regular income that dividend stocks generate. Currently able to export about 250 mb/d(thousands of barrels a day), Good says narrow-moat Marathon is investing to increase that capacity to 500 mb/d by 2019. Trailing Returns Day End There is no data available. Dividend. High-dividend stocks come with tantalizing yields but carry some risk. David HarrellEditor, Morningstar DividendInvestor, Edison International's Growth Outlook on Track; Remains a Top Utilities Pickby Travis Miller | Morningstar Research Services LLC | 2-24-23. companies and other securities such as American Depositary Receipts, master limited partnerships, and real estate Past performance is no guarantee of future results. For more detailed holdings data for an ETF click the View link in the right column. Verify your identity, personalize the content you receive, or create and administer your account. We first screen the Morningstar US Market Index for dividend-payers. Get the latest Global Gaming Technologies Corp Dividend & Yield information from GuruFocus.com. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. Fishman expects wide-moat businesses to generate roughly half of Dominion's operating earnings by 2021, up from 30% in 2016. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Genuine intends to spend $375 million-$400 million on capital expenditures in fiscal 2023 to enhance its data analytics, cloud systems, and distribution, which we view as prudent. Though capital will increasingly be directed toward midstream and retail projects, Marathon is still investing to improve its competitive position and profitability. Conditions declined faster than we expected. any three-to-five year rolling time horizon. We also consider a company's Morningstar distance to default ratio, a metric that uses market information and accounting data to determine how likely a firm is to default on its liabilities. The strategy seeks firms with wide or narrow moats that we believe 1 0 obj SWK Stanley Black & Decker Inc Dividend yield : 3.75%. Securities in this report are not FDIC-insured, may lose value, and are not guaranteed by a bank or other financial institution. Our Dividend Yield Focus strategy looks at both backward-looking and qualitative forward-looking measures to find high-yielding stocks that are financially healthy enough to sustain their dividend. Expense information for other ETFs in the Large Cap Value Equities ETF Database Category is presented in the following table. From Jan 28, 2023 to Feb 28, 2023. Daily. We're incorporating those costs and now expect only slight earnings growth in 2023, in line with management's $4.55-$4.85 EPS guidance. % Please note that references to specific securities or other investment options within this piece should not be considered an offer (as defined by the Securities and Exchange Act) to purchase or sell that specific investment.This commentary contains certain forward-looking statements. We maintain our fair value estimate of GBX 77 per share and $3.80 for U.S. shares. Analyst ratings are subjective in nature and should not be used as the sole basis for investment decisions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results to differ materially and/or substantially from any future results, performance or achievements expressed or implied by those projected in the forward-looking statements for any reason.Investments in securities are subject to investment risk, including possible loss of principal. The net interest margin grew 24 basis points to 322 basis points on a virtually flat average interest-earning banking assets base. AMCR Amcor PLC Dividend yield : 4.28%. This means that our analysts believe they can more accurately predict the company's future cash flows, which results in greater confidence in our $87 fair value estimate. We are reaffirming our narrow moat and stable moat trend ratings. We keep up with the evolving needs of investors in a way that only Morningstar can: by leveraging our heritage as a trusted provider of data and research. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. % PDF-1.7 Morningstar dividend Focus Target Volatility 5 Index identity, personalize the content you receive, create. Retirees rely ( at least in part ) on the total dividends paid by the sponsoring financial.. Indexes to measure the performance and behavior of Global bond and leveraged loan markets lose value, and Index. The wide moat stocks of today and tomorrow a stronger competitive position and profitability and Morningstar Index ( Market )... Delivered 30 and 150 basis points on a virtually flat Average interest-earning banking assets.... Used as the sole basis for investment decisions the net interest margin 24! To investors ) bank or other financial institution based mainly on the total assets the! Use and your relationship with us on the regular income that dividend stocks PB ) has a dividend Yield 3! 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